Bill
Bill > LB804
NE LB804
NE LB804Include elementary and secondary schools in the Nebraska educational savings plan trust and change tax benefits
summary
Introduced
01/04/2018
01/04/2018
In Committee
01/08/2018
01/08/2018
Crossed Over
Passed
Dead
04/18/2018
04/18/2018
Introduced Session
105th Legislature
Bill Summary
Include elementary and secondary schools in the Nebraska educational savings plan trust and change tax benefits
AI Summary
This bill expands the Nebraska educational savings plan trust to include elementary and secondary schools, in addition to eligible higher education institutions. The bill also changes certain tax benefits related to the trust, such as allowing tax deductions for contributions to the trust for qualified education expenses at elementary and secondary schools, up to $10,000 per beneficiary per year. Overall, this bill aims to broaden the application and tax benefits of the educational savings plan trust to support education at all levels, from elementary through higher education.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Indefinitely postponed (on 04/18/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=34367 |
| BillText | https://nebraskalegislature.gov/FloorDocs/105/PDF/Intro/LB804.pdf |
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